oTo skilfully execute all the vital cyclical activities within fund accounting operations such as
oPreparing and maintaining the expense master & updating expense changes
oCarrying out vital reconciliation activities such as NAV change report
oCarrying out dividend rate calculations on an Adhoc and cyclical basis
oConducting checks on financials/portfolios
oEnsuring NAV uploads
oPreparing vital MIS and regulatory/ internal compliance reports
in a timely, accurate and compliant manner
oTo run regular checks on the output/ deliverables of the Fund Accountant to ensure accuracy
oTo highlight critical reconciliation or process gaps in a timely manner to the right stakeholders for resolution
Job Context & Major Challenges
Job Context & Challenges
Job Context
Key Facets
oNAV computation lies at the heart of the transaction cycle and hence accuracy of internal processes that feed in to the NAV calculation , without exceptions, become extremely critical to business operations as a whole
oCritical vendor dependencies exist for fund accounting process and hence monitoring accuracy and timeliness of both inputs to vendors as well as deliverables from the vendors becomes vital
oHigh transaction volumes and specific time windows of operation. Transaction accuracy crucial from regulatory, reputational and profitability perspectives
Key Challenges
oTo maintain data integrity and accuracy despite large volumes and business volatility
oTo ensure checks are put in place for all process and sub process steps in order to minimize errors
oTo manage stringent timelines across all processes and stakeholder requirements
oTo stay updated on the requirements of the regulators – SEBI, RBI, AMFI and ensure that the requirements are being complied with
oTo identify gaps in a timely manner through reconciliations